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We expect a $6820 movement on GBPUSD within 48 hours following the release of BoJ Interest Rate Decision at 2022-10-28 14:00. We expect GBPUSD to trend downwards 48 hours following the event release at 2022-10-28 14:00 if the released value is = -0.1%. A price movement of 682 pips is expected.
Historical events that allowed us to draw this conclusion
22 Sep 13:00 |
17 Jun 13:00 |
18 Mar 14:00 |
18 Jan 14:00 |
17 Dec 14:00 |
16 Jul 13:00 |
18 Jun 13:00 |
19 Mar 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).